UBS upgrades France Telecom to buy from neutral

SarahTurner

LONDON (MarketWatch) -- UBS upgraded France Telecom
ORA, -0.78%FTE, -0.53%
to buy from neutral on Tuesday saying that the company's investor day has removed uncertainty. "France Telecom already had a strong run but post investor day, with increased certainty on numbers, we believe the shares are now genuinely cheap," the bank said.

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